Boom In Home Electronics Sales Shows Signs of Peaking (theinformation.com) 7
According to an analysis of credit card receipts provided to The Information, a boom in home electronics sales due to the coronavirus shut down shows signs of peaking. From the report: The research by e-commerce company Rakuten, which looked at data for over 1 million U.S. consumers, shows online sales of electronics rose 33% the week of March 9 versus the same week the year earlier, then surged 141% in the last week of March. By the following week, starting April 6, growth had started to wane, to 131%. For the month of March, online sales of electronics rose 61% compared to the year-earlier, according to Rakuten's data, which does not include Amazon sales. Total U.S. retail sales fell more than 6% in March, according to the U.S. Commerce Department. "With a lot of workers going into remote office situations, it's created an immediate-term opportunity for tech sales," said Steve Koenig, vice president of research for the Consumer Technology Association. "But we fully expect this to taper."
Doesn't help that a bunch of States (Score:1)
Doubt that (Score:3)
People stuck at home are gonna want more electronics to keep entertained. People are not going to travel much, even if oil prices are super low. Speaking of which I don't recall anyone bailing out the consumer when oil prices hit $100 or even when it almost hit $150 a barrel. Now every industry wants a bail out, it doesn't seem fair to the consumer. We are dangerously sliding towards statism.
Malapropism (Score:4, Informative)
The WFH setup is important these days (Score:2)
Halfway though the first week as 'full time work from home' and I replaced my IKEA office chair with a Herman Miller Embody. While it might be my need to justify the expense, I'm really happy with the chair. Which is good because I'm in it at least a dozen hours a day seven days a week.
My iMac Pro keyboard actually broke shorty after that, so I'm trying a Razer Huntsman on it (I learned on a manual typewriter and hit the keys hard; only mechanical lasts). Also bought one for the gaming PC, but I've start
Poke signs of peeking smart mics (Score:1)
Signs for Peking
Todays never bring,
Reports a morrow's investing
Trust is not fancy or fling.
~bvra, a.ka. buravirgil lawson III
april 22, 2020, captured correspondences
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